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ViacomCBS Launches $100 Million Coronavirus Relief Fund

By Brent Lang

ViacomCBS Launches $100 Million Coronavirus Relief Fund

By Brent Lang

Published 04-13-20

Submitted by Paramount

Isaac Brekken/Variety/Shutterstock

Originally published by Variety

ViacomCBS has launched a $100 million fund to provide support to the crew members, actors, and filmmakers whose livelihoods have been impacted by the production shutdown caused by the coronavirus pandemic, Variety has learned. The funds will also support grants by the Motion Picture & Television Fund and The Actors Fund, along with the work of other charitable organizations.

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Paramount Global (NASDAQ: PARA, PARAA) is a leading global media and entertainment company that creates premium content and experiences for audiences worldwide. Driven by iconic studios, networks and streaming services, its portfolio of consumer brands includes CBS, Showtime Networks, Paramount Pictures, Nickelodeon, MTV, Comedy Central, BET, Paramount+, Pluto TV and Simon & Schuster, among others. The company delivers the largest share of the U.S. television audience and boasts one of the industry's most important and extensive libraries of TV and film titles. In addition to offering innovative streaming services and digital video products, Paramount Global provides powerful capabilities in production, distribution and advertising solutions.

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